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Malliavin Calculus for Lévy Processes with Applications to Finance
While the original works on Malliavin calculus aimed to study the smoothness of densities of solutions to stochastic differential equations, this book has another goal. It portrays the most important and innovative applications in stochastic control and finance, such as hedging in complete and incomplete markets, optimisation in the presence of asymmetric information and also pricing and sensitivity analysis. In a self-contained fashion, both the Malliavin calculus with respect to Brownian motion and general Lévy type of noise are treated. Besides, forward integration is included and indeed extended to general Lévy processes. The forward integration is a recent development within anticipative stochastic calculus that, together with the Malliavin calculus, provides new methods for the study of insider trading problems.
Malaria : Genetic and Evolutionary Aspects
This book was originally conceived at a conference at the University of Turin in Italy. The conference was organized to examine the so-called “Malaria Hypothesis”, that is to say, the higher fitness of t- lassemia heterozygotes in a malarial environment, and to pay tribute to the proponent of that hypothesis, J.B.S. Haldane. Contributors to this book examine certain genetic and evolutionary aspects of malaria which is a major killer of human populations, especially in Africa and Asia. There were attempts to discredit Haldane’s contribution from two directions: (a) it has been suggested that the “Malaria Hypothesis” was known long before Haldane and that there was nothing original about his idea (Lederberg 1999), and that (b) the hypothesis of heterozygote su- riority was first suggested by the Italian biologist Giuseppe Montalenti who communicated his idea to Haldane (Allison 2004).
Making Meaning in English : Exploring the Role of Knowledge in the English Curriculum
Making Meaning in English examines the broader purpose and reasons for teaching English and explores what knowledge looks like in a subject concerned with judgement, interpretation and value. He discusses the principles and tools we can use to make decisions about what to teach and offers a curriculum framework that draws these strands together to allow students to make sense of the knowledge they encounter.
Making Fisheries Management Work : Implementation of Policies for Sustainable Fishing
This book seeks to widen the perspective taken on implementation in fisheries management. The cases presented in this volume addresses legal, administrative, and political challenges regarding implementation of resource conservation policies. The book addresses problems relating to goal achievement, but also causes of deliberate change of political goals during implementation. Fisheries management systems are embedded in inert social structures and natural conditions that vary among different states. Consequently, the book takes a historical and comparative approach, describing the historical developments of national implementation systems and the conditions that shaped their development. It thus seeks to explain why national fisheries management systems have evolved differently, focusing on Norwegian, Faeroese, and EU/Danish management systems. The descriptive and explanatory outlines are accompanied by qualitative assessments of the systems effectiveness as tools for collective action.
Make and Test Projects in Engineering Design : Creativity, Engagement and Learning
This is a book about the invention and testing of ideas. By describing how to generate engaging problem situations for engineering students to solve it inspires original currents of thought. This is the first book that formalises an important aspect of early learning in engineering design.
Maintenance of Process Instrumentation in Nuclear Power Plants
The resurgence of the nuclear power industry at a time when the nuclear plant I&C workforce is diminishing due to aging and retirements has been the motivation for writing this book. This book compiles 30 years of practical knowledge gained by the author and his staff in testing the I&C systems of nuclear power plants around the world. It focuses on process temperature and pressure sensors and the verification of these sensors’ calibration and response time.
Magneto-Science : Magnetic Field Effects on Materials: Fundamentals and Applications
It is a dream of chemists and physicists to use magnetism, an important physical property of many materials, to control chemical and physical processes. With new manufacturing technologies for superconducting magnets, it has become possible to produce strong magnetic fields of 10 Tesla or more for applications in chemistry and physics. New magnetic phenomena, useful for processing functional molecules with improved quality, have been discovered recently. They open up exciting possibilities for studying and applying magnetic field effects in the chemical and physical processes of diamagnetic, paramagnetic and ferromagnetic materials. This volume will serve as a useful reference for specialists and non-specialists interested in this exciting new area of megneto-science.
Magnetism and Structure in Functional Materials
Magnetism and Structure in Functional Materials addresses three distinct but related topics: (i) magnetoelastic materials such as magnetic martensites and magnetic shape memory alloys, (ii) the magnetocaloric effect related to magnetostructural transitions, and (iii) colossal magnetoresistance (CMR) and related magnanites. The goal is to identify common underlying principles in these classes of materials that are relevant for optimizing various functionalities. The emergence of apparently different magnetic/structural phenomena in disparate classes of materials clearly points to a need for common concepts in order to achieve a broader understanding of the interplay between magnetism and structure in this general class of new functional materials exhibiting ever more complex microstructure and function. The topic is interdisciplinary in nature and the contributors correspondingly include physicists, materials scientists and engineers. Likewise the book will appeal to scientists from all these areas.
Magnetism : From Fundamentals to Nanoscale Dynamics
Gives an comprehensive account of magnetism, spanning the historical development, the physical foundations and the continuing research underlying the field, one of the oldest yet still vibrant field of physics. It covers both the classical and quantum mechanical aspects of magnetism and novel experimental techniques. Perhaps uniquely, it also discusses spin transport and magnetization dynamics phenomena associated with atomically and spin engineered nano-structures against the backdrop of spintronics and magnetic storage and memory applications.
Magnetic Nanostructures in Modern Technology ; Spintronics, Magnetic MEMS and Recording
A team of outstanding scientists in the field of modern magnetic nanotechnologies illustrates the state of the art in several areas of advanced magneto-electronic devices, magnetic micro-electromechanical systems and high density information storage technologies.The physics and chemistry of nano-scale systems have made rapid advances and there are real prospects of translating exciting scientific findings into a new generation of processes and high technology products with a potential impact on several industrial sectors. In particular the development of nano-structured magnetic materials plays a leading role in the increasing miniaturization of devices with superior performances.
Magnetic Monopoles
This monograph addresses the field theoretical aspects of magnetic monopoles. Written for graduate students as well as researchers, the author demonstrates the interplay between mathematics and physics. He delves into details as necessary and develops many techniques that find applications in modern theoretical physics. This introduction to the basic ideas used for the description and construction of monopoles is also the first coherent presentation of the concept of magnetic monopoles. It arises in many different contexts in modern theoretical physics, from classical mechanics and electrodynamics to multidimensional branes. The book summarizes the present status of the theory and gives an extensive but carefully selected bibliography on the subject. The first part deals with the Dirac monopole, followed in part two by the monopole in non-abelian gauge theories. The third part is devoted to monopoles in supersymmetric Yang-Mills theories.
Magnetic Microscopy of Nanostructures
Contains a comprehensive collection of overview articles on novel microscopy methods for imaging magnetic structures on the nanoscale. Written by leading scientists in the field the book covers synchrotron based methods, spin polarized electron methods, and scanning probe techniques. It will be a valuable source of reference for graduate students and newcomers to the field.
Magnetic Heterostructures : Advances and Perspectives in Spinstructures and Spintransport
Magnetic heterostructures constitute an important field in magnetism and nanotechnology, which has developed over the past fifteen years due to important advances in epitaxial- growth techniques and lithographic processes. Magnetic heterostructures combine different physical properties which do not exist in nature. Examples are semiconductors/ferromagnets, superconductors/ferromagnets, and ferromagnets/antiferromagnets. These combinations display rich and novel physical properties different from those that exit in any single one of them. Interlayer exchange coupling, exchange bias, proximity effects, giant magneto-resistance, tunneling magneto-resistance, spininjection and spintransport are examples of new physical phenomena that rely on the combination of different materials layers
Magnetic Functions Beyond the Spin-Hamiltonian
Using the spin-Hamiltonian formalism the magnetic parameters are introduced through the components of the Lambda-tensor involving only the matrix elements of the angular momentum operator. The energy levels for a variety of spins are generated and the modeling of the magnetization, the magnetic susceptibility and the heat capacity is done. Theoretical formulae necessary in performing the energy level calculations for a multi-term system are prepared with the help of the irreducible tensor operator approach. The goal of the programming lies in the fact that the entire relevant matrix elements (electron repulsion, crystal field, spin-orbit interaction, orbital-Zeeman, and spin-Zeeman operators) are evaluated in the basis set of free-atom terms. The modeling of the zero-field splitting is done at three levels of sophistication. The spin-Hamiltonian formalism offers simple formulae for the magnetic parameters by evaluating the matrix elements of the angular momentum operator in the basis set of the crystal-field terms. The magnetic functions for dn complexes are modeled for a wide range of the crystal-field strengths.
Magnetic Control of Tokamak Plasmas
The main topic of Magnetic Control of Tokamak Plasmas is the design of feedback control systems guaranteeing the stability of plasma equilibrium inside a tokamak and the regulation of the plasma position and shape during plasma pulses. Modelling and control details are presented, allowing the non-expert to understand the control problem. Starting from equations of magneto-hydro-dynamics, all the steps needed for the derivation of plasma state-space models are enumerated. The basics of electromagnetics are frequently recalled. The control problem is then described beginning with control of current and position – vertical and radial – and progressing to the more challenging shape control. The solutions proposed vary from simple PIDs to more sophisticated MIMO controllers.
Magnesium Technology : Metallurgy, Design Data, Applications
Magnesium, with a density of 1.74 g/cm², is the lightest structural metal and magnesium are increasingly chosen for weight-critical applications such as in land-based transport systems. "Magnesium Technology" substantially updates and complements existing reference sources on this key material. It assembles international contributions from seven countries covering a wide range of research programs into new alloys with the requisite property profiles, i.e., the current state of both research and technological applications of magnesium. In particular, the international team of authors covers key topics, such as: casting and wrought alloys; fabrication methods; corrosion and protection; engineering requirements and strategies, with examples from the automobile, aerospace, and consumer-goods industries, and recycling.
Magnesium Injection Molding
Injection molding of metallic alloys is a modern and environment-friendly technology with universal features, capable of implementing many conventional and novel processing methods based on semisolid and liquid routes. After its application to magnesium and recent commercialization, it is used to manufacture millions of light-weight, fully-recyclable components for various markets, including consumer electronics housings, automotive parts, sporting goods, household devices and office equipment.
Macro-Engineering : A Challenge for the Future
Macro-engineering involves the large-scale modification and manipulation of natural systems for the benefit of mankind. The primary goals of some Earth-based macroprojects described in this book are power production, land reclamation, food production, climate change, environment, water, transport and coastal protection. Other Earth or space projects considered here have a more futuristic ring, but our present-day technical skill makes their realization possible. Earth-based macroprojects usually combine different aspects and aims. They have a major impact on the ecology of a region and the inhabitants' means of living (like tourism, fishing, shipping). Its effects may be felt worldwide, like the rise in global sea level after the damming and evaporation of large ocean gulfs for power production, or the change in climate following the regional reduction of solar insolation.
Macrocyclic Chemistry : Current Trends and Future Perspectives
Macrocyclic Chemistry: Current Trends and Future Perspectives illustrates essential concepts in this expanding research field covering both basic and applied studies. Written by well-known experts from around the world, the topics of the chapters range from new macrocyclic architectures with different functions and self-assembly processes through to the modeling and dynamics of such systems. The content also reflects on application possibilities in analytical chemistry, separation processes, material preparation and medicine. Thus this book serves as a creative source of research strategies and methodic tools.
MacLaurins Physical Dissertations
The Scottish mathematician Colin MacLaurin (1698-1746) is best known for developing and extending Newton’s work in calculus, geometry and gravitation; his 2-volume work "Treatise of Fluxions" (1742) was the first systematic exposition of Newton’s methods. It is well known that MacLaurin was awarded prizes by the Royal Academy of Sciences, Paris, for his earlier work on the collision of bodies (1724) and the tides (1740); however, the contents of these essays are less familiar – although some of the material is discussed in the Treatise of Fluxions - and the essays themselves often hard to obtain.
